Payrolling Services
Rather not be the employer at all? Move people onto our rolls.
Payrolling servicesSalaries, payslips, deductions and bank transfers run through one central HRIS. PF, ESIC, PT and TDS sit on a compliance calendar we manage, so nothing waits for a reminder.
Payroll outsourcing is an arrangement in which a specialist firm processes a company's payroll and statutory payroll filings while employees stay on the company's own rolls. Novelworx, a payroll and HR services firm headquartered in Bengaluru, runs full-cycle payroll and PF, ESIC, PT and TDS compliance for companies across India through a central HRIS.
Who it's for
Headcount is rising, states are multiplying and one person can no longer keep up.
Professional Tax and other state rules differ. One calendar keeps them straight.
Accurate payroll without building an in-house payroll team.
Late or missed filings in the past, now needing a clean, reliable process.
Full-cycle payroll
Everything runs through one centralised HRIS, so attendance, pay and statutory data always agree.
Gross to net for every employee, with arrears, bonuses and deductions applied correctly.
Clear payslips that show every earning and deduction.
PF, ESIC, PT and TDS calculated on the right wage base.
Salary files prepared for your bank on the agreed pay date.
Joiners, leavers, pay changes and documents in one place.
Tracked in the HRIS and reconciled before payroll runs.
Statutory compliance
Every deposit and return sits on a compliance calendar we manage ahead of each deadline. Rates and due dates are applied as notified by each authority.
Employee and employer contributions deducted, deposited and returned to the EPFO for covered employees.
Contributions for eligible employees, with registrations kept current as people join and leave.
Deducted and remitted in the states that levy it, under each state's own registration and schedule.
Income tax deducted from salaries, deposited on time and reported in periodic statements.
The monthly cycle
Attendance, leave, joiners, leavers and pay changes collected by the cut-off.
Payroll calculated and checked against last month.
You review a summary and approve before anything is paid.
Salary files go to the bank and payslips go to employees.
PF, ESIC, PT and TDS deposited and returns filed, as each falls due.
A monthly report and records you can hand to an auditor.
How it compares
Outsourcing to a specialist typically saves 20–40% against in-house teams or several vendors.
Novelworx runs full-cycle payroll for companies across India: salary processing, payslips, statutory deductions, bank transfers, employee records, and leave and attendance tracking, all through a centralised HRIS. It also deposits and files PF, ESIC, Professional Tax and TDS on salaries on a compliance calendar it manages ahead of every deadline.
Most Indian payrolls deal with four obligations: Provident Fund for retirement savings, Employees' State Insurance for health and social security, Professional Tax in the states that levy it, and TDS on salaries. Each has its own eligibility rules, wage base and deadlines as notified. Novelworx manages all four for its clients.
Provident Fund is India's mandatory retirement savings scheme, run by the Employees' Provident Fund Organisation. Employers covered by the law must register, deduct the employee share, add the employer share, deposit both and file returns. Coverage depends on thresholds set in law, so Novelworx checks the current notified position for each client.
ESIC, or Employees' State Insurance, provides medical care and cash benefits for sickness, maternity and workplace injury. It covers employees earning up to a notified wage ceiling in covered establishments. Employers and employees both contribute. Novelworx registers eligible employees, deposits contributions and files returns, and tracks people moving in or out of eligibility.
Professional Tax is a tax on employment levied by individual states, and not every state levies it. Where it applies, the employer deducts it from salaries using the state's slabs and remits it on the state's schedule, usually under its own registration. Novelworx manages Professional Tax registrations and filings in each state where clients employ people.
A statutory compliance calendar is a schedule of every deposit, return and renewal an employer owes, with the due date, the owner and the status for each. Novelworx keeps one for every client, covering PF, ESIC, Professional Tax and TDS in every state the client operates, and works ahead of each deadline.
Yes. At onboarding, Novelworx assigns a dedicated account manager, migrates existing employee, salary and year-to-date tax data into its HRIS, and briefs the client's team. Year-to-date figures matter most for TDS, so Novelworx reconciles them before the first payroll run. The client approves the first cycle before anything is paid.
Usually, yes. Companies that outsource payroll and compliance to Novelworx typically save 20–40% compared with in-house teams or several vendors. The saving comes from not building a payroll team and from avoiding the interest and penalties that late or wrong filings attract. Clients Novelworx manages have recorded zero statutory penalties.
Tell us your headcount, your states and your current set-up. We'll return a scope, an SLA and a transition plan.
Looking for a role? See open positions